Oct. 7 - Petrobras announced promising results in its drilling program in the Campos Basin. The company notified the National Petroleum Agency (ANP) about the discovery of oil traces in the Agua Marinha block, in well 1-BRSA-1401DA-RJS, in a water depth of 2,601 meters, drilled by the Deepwater Aquila drillship in July. The Agua Marinha... Continue Reading →
PRIO Operational Data Sept. 2025
Oct. 6 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Key: (1) At the Polvo and Tubarão Martelo cluster, the workover of TBMT-6H well was completed on September 15, and the well returned to production. (2) At... Continue Reading →
AKOFS Offshore Signs $246M Contract with Petrobras
Oct. 7 (OE) Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil. Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras... Continue Reading →
Navship signs a R$10.2 billion contract with Petrobras to build four RSVs
Oct. 6 - Petrobras announced the chartering of four RSV (ROV Support Vessel) vessels, designed to support subsea operations, in contracts totaling R$10.2 billion. The contract was concluded through a bidding process that began in October 2024. The units will be built at the Navship shipyard, located in Navegantes, Santa Catarina, with delivery scheduled between... Continue Reading →
Brazil’s Petrobras imports natural gas from Argentina for the first time
Oct 6 (Reuters) - Brazil's state-controlled oil company Petrobras has made its first import of non-conventional natural gas from Argentina's Vaca Muerta reserve in the Neuquen basin, the company said on Monday. In a statement, the firm noted the natural gas was transported on Friday via pipelines from Argentina to Bolivia, and from there to Brazil,... Continue Reading →
Shell’s Brazil Gato do Mato FPSO Starts Taking Shape
Oct. 6 - MODEC has held a first steel-cutting ceremony for the Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil. The ceremony was held at the COSCO Qidong Shipyard, marking the start of construction of the the aft block of next-generation hull for the... Continue Reading →
Petrobras to open bids for the Sergipe Deep Waters Project FPSOs on Oct. 15
Oct. 6 (Reuters) Petrobras is expected to open bids for the contracting of two FPSOs for the Sergipe Deep Waters Project (Seap) on October 15, Renata Baruzzi, Executive Director of Engineering, Technology, and Innovation, said. "The bidders asked for more time. We gave them another 15 days," the director told reporters. Baruzzi also explained that... Continue Reading →
FET to Deliver Work-Class ROV to DOF for Brazil Ops
Oct. 6 (OE) Subsea robotics firm Forum Energy Technologies (FET) has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system. The equipment will support extensive subsea operations in Brazil conducted by DOF, which operates one of the largest fleets of FET XLX... Continue Reading →
Exclusive: Batista brothers’ J&F in talks for EDF plant as Brazil power M&A surges
Oct 3 (Reuters) - J&F Investimentos SA, the holding company owned by Brazil's billionaire Batista brothers, is in talks to acquire French utility EDF's Rio de Janeiro thermal plant, according to two people familiar with the matter. The deal, which could fetch up to 2 billion reais ($374 million) according to one of the sources,... Continue Reading →
Brazilian offshore oil asset pair turning off the taps next month for scheduled maintenance
Oct. 3 (offshorte-energy.biz) The production mode at two oil-producing assets off the coast of Brazil is weeks away from being switched off, enabling operators to undertake planned maintenance activities in their chosen Campos Basin fields. South America’s Brava Energia has revealed that the output from its Papa-Terra field in the Campos Basin will be halted for up... Continue Reading →